KAILUA-KONA, Hawaii, Nov. 13, 2013 /PRNewswire/ -- New York-based Concierge Auctions is pleased to announce that bidding is closed and a sale is pending for Hale Kai, a 2.95-acre oceanfront paradise nestled on the shores of Keauhou Bay on the Big Island of Hawaii. Designed by renowned architect Vladimir Ossipoff, the estate's home was originally built for one of Hawaii's first senators, William H. "DOC" Hill and his wife Ouida. With strong competition from 11 qualified buyers, Hale Kai went under contract to the highest bidder in cooperation with Bud Norwood, R(B) of Coldwell Banker Maryl Realty and Jim Allison, R(S) of Mauna Kea Realty. The buyer is represented by Gayle Ching, R(A) of MacArthur Sotheby's International Realty. When closed, the property will represent Concierge's 30th successful sale in Hawaii.
"Going into this process, initially I was anxious since I had not previously been involved with a real estate auction firm. But after meeting with the Concierge team I was put at ease knowing that it would be handled by a group of professionals," stated the seller, George Handgis. "As the process began, my comfort level rose, and ultimately my expectations were met. They are an extremely professional and courteous group of people. Their follow-through sets a standard by which other companies should be measured."
Concierge Auctions' global marketing campaign generated over 12,300 website visits from 41 U.S. states (led by California, Texas, Hawaii and Illinois) and 107 international countries (led by Canada, France, Australia and the UK). A total of 756 prospects were identified, and 11 bidders participated in the sale.
"Concierge Auctions displayed a tremendous effort over the past few weeks to orchestrate a well-organized and well-rehearsed auction," stated Norwood. "'Very professional' is how I would sum up the entire team and auction process."
"This is my second time working with Concierge Auctions, and once again the team provided the ultimate in professional services to market a luxury property in Hawaii," said Allison. "Everyone involved – from the buyer, to the seller, to the agents – was very pleased with the Concierge team's process and execution."
Beyond the gated private entrance of Hale Kai, the estate includes a main house, a pool, pool house, guest quarters, caretaker's quarters and tennis courts. Meticulously crafted to take full advantage of the year-round tropical environment, the home incorporates 4,321 square feet of indoor-outdoor living space. With notable works throughout Hawaii, its architect, Vladimir Ossipoff, designed Hale Kai for minimal maintenance and to retain the Hawaiian atmosphere of relaxation and entertaining.
On the Kona Coast of the Big Island of Hawaii, Keauhou Bay is a narrow lava shaped inlet seven miles south of Kailua Kona. As in the day of Hawaiian royalty, the bay provides ocean access par excellence for canoeing, kayaking and paddling alike, as well as a launching place for snorkel cruises, and deep sea fishing boats.
"We are thrilled to have generated 30 successful Hawaii property auctions in only five years," stated Laura Brady, Managing Director of Concierge Auctions. "There's no denying our expert knowledge of Hawaii and our ability to motivate buyers to purchase. Not only do the islands offer breathtaking landscapes and shimmering white sands, but also some of the world's most beautiful properties. However, since most of its luxurious homes are vacation retreats — the buyers are remote and don't feel a sense of urgency to purchase — it can be difficult for sellers to realize their true value. By aggregating competition from all of Hawaii's feeder markets and inviting buyers to compete in a live auction, our clients rest assured that they received the best market price possible."
Concierge Auctions has upcoming luxury property auctions scheduled in Highland Park, IL, Chattanooga, TN, Soddy Daisy, TN, Toronto, Canada and Dallas, Texas, and many more across the nation are already planned for the fall and winter. If you or someone you know is interested in buying or selling a remarkable luxury property through Concierge Auctions, call 888.966.4759 or visit ConciergeAuctions.com.
About Concierge Auctions: Concierge Auctions is the preeminent luxury real estate auction firm serving high-net-worth sellers nationwide through an accelerated marketing process that obtains fair market value for unique, high-end properties in a 60-day timeframe. The company has executed auctions in 25 U.S. states from New York to Hawaii, typically valued between $2.5 million and $20 million, and hosts a database that includes more than 100,000 luxury real estate buyers and agents from all U.S. states and 109 countries and territories. The principals of Concierge Auctions have been involved in the transfer of more than $2 billion in luxury properties over the past 10 years. The firm has sold over $400 million in properties since its founding in 2008. For more information, call 888-966-4759 or visit ConciergeAuctions.com.
SOURCE Concierge Auctions